Posted by tg in VA on August 26, 2014 at 13:00:42 from (75.192.45.230):
In Reply to: Paper work posted by 37Chief on August 26, 2014 at 09:07:40:
I bought some plastic drawers, three to a stack, that are notebook paper size. I put all my unpaid bills in one drawer and when I pay them, I "file" the bill in one of the drawers, e.g. utilities (phone, electric, heating fuel, etc), credit card statements, feed bills, etc. At the end of the year, I organize the like statements in order by date, staple them together and store them with my taxes. I use quick books for my business and email the file to my CPA in January.
I also keep a notebook listing details of my credit card charges so when I'm paying the credit card bills eaach month, I can apportion the payment to the appropriate quickbooks account number. Simplifies entering credit card payments in your books each month.
One thing I have done to get better organized is to make a payment schedule with the payee name and date I need io have the check in the mail along with the amount owed. As my bills come in each month, I update this spreadsheet. Each month I start with my ending check book balance and include all my projected receipts. Sounds a little confusing but it works pretty well and takes minimal time to maintain and really helps manage your cash flow. If any of you guys have any interest, email me (tg24531@hotmail.com) and I'll send you a copy with some detail.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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